If Park Bank is liable for not spotting Sujata "Sue" Sachdeva's $34 million embezzlement from Koss Corp., then so is chief executive Michael Koss, the bank argues in a new lawsuit.

In a suit filed last week, the bank argues that if a jury finds Park Bank liable for the loss, then Michael Koss and Grant Thornton, the firm's former auditor, should have to pay some of the award.

"Park Bank denies any and all liability to Koss in this case," Park Bank wrote in its action. "Nevertheless, should Park Bank be found liable to Koss (Corp.) and required to pay damages to Koss in this case those damages will have been the result of a common liability of Park Bank, Michael Koss and Grant Thornton, thereby entitling Park Bank to (a) contribution from Michael Koss and Grant Thornton."(3)

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Alexander signs with Bucks

Rookie forward Joe Alexander signed a contract with the Bucks today, a deal which guarantees him $4.15 million over the first two years.

Under the league's rookie salary scale, the Bucks hold options for the third and fourth years of the deal, at $2.3 million and $2.9 million, respectively.

Alexander, a 6-foot-8 power forward from West Virginia, was the eighth overall pick in the June 26 draft. The 21-year-old played three years with the Mountaineers and averaged 16.9 points and 6.4 rebounds as a junior last season.

The rookie received high praise from veteran forward Richard Jefferson on Monday, when Jefferson was introduced at a Bradley Center news conference. The Bucks made a trade with New Jersey to acquire the 28-year-old Jefferson on draft day, a few hours before selecting Alexander in the opening round.

The Nets, which drafted two spots after the Bucks at No. 10, also were keenly interested in Alexander, but selected 7-footer Brook Lopez when the West Virginia player was off the board.

"Talking with (Nets president) Rod Thorn before the draft, everyone was very high on Alexander," Jefferson said. "He's a talented kid, and a lot of people think his upside is tremendous.

"This is coming from my team; they really wanted him. Here, I have an opportunity to play with a young guy. From everything I've heard, he's a competitor, and he's only going to push myself and push some of the older guys. You need young guys.

"The best team I've ever been on had good young guys and they were pushing the older guys in practice and making them work. I think a guy like him, you add that to your already talented backcourt and your already talented frontcourt, and I think you're in a good situation."

Alexander and second-round pick Luc Richard Mbah a Moute were in camp today at the Cousins Center as workouts opened for the Bucks summer league squad. The team, which also includes point guard Ramon Sessions and forward Awvee Storey, will play five games in the Las Vegas Summer League, beginning Saturday against Memphis.